Trump rejects Iran's Strait of Hormuz reopening proposal

President Donald Trump rejected Iran's proposal to reopen the Strait of Hormuz and resume negotiations, after Tehran demanded sanctions relief, access to frozen assets, and other concessions before talks could begin. US Ambassador to the UN Mike Waltz called the proposal a "cynical attempt" to table unacceptable terms, noting Iran sought lifting the naval blockade, easing oil sanctions, and releasing billions in assets just to talk. Trump confirmed the rejection Saturday, saying Tehran was losing badly. Iran's Foreign Minister Abbas Araghchi presented the plan at the UN General Assembly, offering to reopen the strait and restart nuclear talks within seven days if conditions were met. Trump said more talks could occur this week, with Qatar mediating, while Waltz cited Iran's failure to honor a June memorandum as influencing US skepticism.